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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202105

 1.  Overview the trade of ARGENTINA in goods current year until 202105

According to Dalian Infobank, in 202105ARGENTINA's exports and imports of goods amounted to 11843.2000 million, and were up 43.66% comparing with the same period of last year. Among these, exports were up 31.99% at 6702.1984 million, and imports were up 62.39% at 5141.0017 million. And the corresponding trade surplus was 1561.1967 million and down 18.34%.

During the current year until 202105, ARGENTINA's total exports and imports of goods were 50942.3991 million and were up 31.61% comparing to the same period of last year. Among these, exports were 28252.1948 million and up 24.09%; imports were 22690.2043 million and up 42.34%. The total trade surplus was 5561.9904 million and down 18.52%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, VIETNAM were ARGENTINA's top five trading partners. During the current year until 202105, ARGENTINA's imports and exports to five countries/territories were 8695.2284 million, 6782.4368 million, 3465.5704 million, 2058.3470 million, 1823.0250 million. These values correspond to 17.07%, 13.31%, 6.80%, 4.04%, 3.58% of ARGENTINA's imports and exports, and, respectively, were up 41.10%, up 35.92%, up 17.36%, up 56.09%, up 23.87% comparing to the same period of last year.

Current year until 202105, ARGENTINA and the top five trade partners BRAZIL, CHINA, UNITED STATES, INDIA, CHILE are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202105, ARGENTINA's exports to these five countries/territories were 3978.0628 million, 2138.7033 million, 1609.5206 million, 1554.7296 million, 1417.6968 million. These values correspond to 14.08%, 7.57%, 5.70%, 5.50%, 5.02% of ARGENTINA's exports and, respectively, were up 29.68%, up 0.73%, up 31.79%, up 60.53%, up 15.64% comparing with the same period of last year.

Current year until 202105, ARGENTINA's exports to top five countries/territories BRAZIL, CHINA, UNITED STATES, PARAGUAY, GERMANY are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202105, ARGENTINA's imports from these five countries/territories were 4717.1656 million, 4643.7335 million, 1856.0498 million, 1358.6014 million, 956.9653 million. These values correspond to 20.79%, 20.47%, 8.18%, 5.99%, 4.22% of ARGENTINA's total imports and, respectively, were up 52.43%, up 61.98%, up 7.19%, up 44.14%, up 8.48% comparing with the same period of last year.

During the current year until 202105, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, VIETNAM, INDONESIA, EGYPT at 1167.6699 million, 1051.1122 million, 848.0707 million, 745.7513 million, 730.8488 million, and up 10.56%, up 69.99%, down 12.29%, up 10.05%, up 29.61%. And the trade deficits were mainly from CHINA, PARAGUAY, BRAZIL, GERMANY, THAILAND at 2505.0302 million, 950.4434 million, 739.1029 million, 708.8387 million, 366.4191 million, and up 236.88%, up 50.41%, up 2631.72%, up 23.62%, up 62.58%.

Current year until 202105, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202105,  commodities with hs2 codes, 87, 99, 10, 23, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 4611.5282 million, 4588.8410 million, 4432.5486 million, 4084.5999 million, 3914.9001 million, which were up 60.01%, up 37.76%, up 1.45%, up 59.21%, up 46.91% comparing with the same period of last year and account for 9.05%, 9.01%, 8.70%, 8.02%, 7.68% of ARGENTINA's total imports and exports.

During the current year until 202105, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 4427.9999 million, 4350.8556 million, 4059.6715 million, 2788.4736 million, 2031.9517 million. These values correspond to 15.67%, 15.40%, 14.37%, 9.87%, 7.19% of ARGENTINA's total exports and, respectively, were up 1.56%, up 37.25%, up 59.74%, up 66.76%, up 70.33% comparing to the same period of last year.

During the current year until 202105, 84, 85, 87, 27, 12 were ARGENTINA's top five traded commodities, with total import values of 3476.7193 million, 2587.9190 million, 2579.5764 million, 1487.3933 million, 1297.0621 million. These values correspond to 15.32%, 11.41%, 11.37%, 6.56%, 5.72% of ARGENTINA's total exports and, respectively, were up 47.98%, up 49.54%, up 52.71%, up 31.87%, up 51.20% comparing to the same period of last year.


2. Current year until 202105, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202105, ARGENTINA-China binational exports and imports of goods amounted to 6782.4368 million and were up 35.92% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 2138.7033 million and up 0.73%, imports from China to ARGENTINA were 4643.7335 million and up 61.98%. The total binational trade deficit was 2505.0302 million and up 236.88%.

During the urrent year until 202105, commodities with hs2 code, 85, 84, 02, 29, 10, were binational trade's top five traded commodities. They correspond to import and export values of 1262.5644 million, 1140.0884 million, 764.8079 million, 450.0109 million, 400.9698 million and makes up 18.62%, 16.81%, 11.28%, 6.63%, 5.91% of the total binational imports and exports. These values were also up 63.51%, up 99.23%, down 4.68%, up 29.12%, up 53237520.25% comparing to the same period last year.

During the current year until 202105, 02, 10, 12, 15, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 764.8079 million, 400.9698 million, 362.5720 million, 312.0767 million, 75.1680 million. These values account for 35.76%, 18.75%, 16.95%, 14.59%, 3.51% of ARGENTINA's total exports and were down 4.68%, up ∞%, down 56.81%, up 325.39%, down 62.75% comparing to the same period of last year.

During the current year until 202105, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1262.3406 million, 1136.4511 million, 447.9552 million, 246.4203 million, 167.4923 million. These values account for 27.18%, 24.47%, 9.65%, 5.31%, 3.61% of ARGENTINA's total imports and were up 63.48%, up 99.14%, up 29.65%, up 127.32%, up 54.36% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC